Tuesday, 18 September 2018

Lusaka High Court Made A Disparate Announcement On Portland Cement Zambia


Lusaka High Court is a noted high court within the Zambian nation. The high court recently gave a final judgment on one of its longest pending cases of PortlandCement Zambia. The ownership of the cement factory has been contested by two different parties. One of them is Dr. Rajan Mahtani, a noted businessman, philanthropist and charity worker with more than 30 years of business experience in Zambia. His popularity among the masses as well as among industry counterparts can be attributed to his successful business ventures as well as his humble, transparent and ethical business practices. Dr. Mahtani is the founder and leader of some of the top companies in Zambia, including Finance Bank Zambia, Mahtani Group of Companies and Finsbury Investments. He is also an avid charity worker and has contributed to numerous NGOs and environmental groups. Dr. Mahtani registered the case of Portland Cement Zambia at the Lusaka High Court after the factory was illegally taken with the help of goons. While Dr. Mahtani has always stayed in the path of ethics and righteousness, it is the government and its law & order which has failed to provide right justice to him.
During the long stretched trial of 10 plus years, Dr. Rajan Mahtani has submitted numerous evidences and documents to support his claim. These included signed shareholder agreements, financial exhibits as well as independent audit reports. Despite these strong evidences, the final judgment was given against Dr. Mahtani’s claims. While it was definitely a shocking event, it was clear that the judgement was misdirected. As such, Dr. Mahtani now took the right step and launched an appeal to the higher court of appeal against this misdirected judgment.

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